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Beginners

Long position VS. short position: Which one is better?

In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.

How to Choose an Online Trading Platform

Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.

What is Leverage in Financial Trading?

Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

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Economic Indicator

UK Preliminary Services PMI declines to 52.9 in May vs. 54.7 expected

Source Fxstreet

UK Services PMI dropped to 52.9 in May.
Manufacturing PMI in the UK expanded to 51.3. in May.
GBP/USD holds higher ground near 1.2740 after mixed UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rebounded from 49.1 in April to 51.3 in May, beating 49.5 expectations.

more to come ...

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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US President Donald Trump says Iran talks to begin Monday after canceling attack US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.

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